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Forward Air Corp is Among the Companies in the Air Freight & Logistics Industry With the Lowest Debt-to-Capital Ratio (FWRD, RLGT, HUBG, ECHO, FDX)

By Nick Russo

Below are the three companies in the Air Freight & Logistics industry with the lowest Debt-to-Capital ratios. The debt-to-capital ratio is an important measure of how a company is financing its operations along with some insight into its financial strength, relative to other companies in its industry.

Forward Air Corp ranks lowest with a a Debt-to-Capital ratio of 712.8%. Radiant Logistic is next with a a Debt-to-Capital ratio of 2,466.5%. Hub Group-A ranks third lowest with a a Debt-to-Capital ratio of 2,821.2%.

Echo Global Logi follows with a a Debt-to-Capital ratio of 3,701.7%, and Fedex Corp rounds out the bottom five with a a Debt-to-Capital ratio of 4,815.8%.

SmarTrend recommended that subscribers consider buying shares of Forward Air Corp on October 21st, 2019 as our technology indicated a new Uptrend was in progress when shares hit $64.31. Since that recommendation, shares of Forward Air Corp have risen 8.8%. We continue to monitor Forward Air Corp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest debt-to-capital ratio forward air corp amex:rlgt radiant logistic hub group-a echo global logi fedex corp

Ticker(s): FWRD HUBG ECHO FDX